Led by the SPDR Gold Shares ETF (GLD), the group of bullion-backed exchange traded funds listed in the U.S. has close to $100 billion in combined assets under management, confirming advisors and investors frequently use the gold ETF wrapper to access gold.
Alone, GLD, the original gold-backed ETF, has north of $55 billion in assets under management. That’s an impressive tally in the commodities ETF space. Still, it’s dwarfed by a slew of equity and fixed income ETFs. That says there’s room for broader adoption of gold ETFs. There’s a lot more, but education is a hurdle for many retail investors.
While GLD kicked off the gold ETF revolution nearly 19 years ago, many retail investors remain unsure of how to properly proportion commodities within their portfolios or how to access this asset in ETF form. Said another way, as gold ETF education improves, adoption could…
